General Announcement::NOTICE TO THE NOTEHOLDERS

Issuer & Securities

Issuer/ Manager
CENTRAL NIPPON EXPRESSWAY COMPANY LIMITED
Securities
CENTRALNIPUS$100M F241030 - XS2068969141 - IQVB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Jul-2023 16:50:37
Status
New
Announcement Sub Title
NOTICE TO THE NOTEHOLDERS
Announcement Reference
SG230704OTHRZ37T
Submitted By (Co./ Ind. Name)
CENTRAL NIPPON EXPRESSWAY COMPANY LIMITED
Designation
Finance Division
Effective Date and Time of the event
04/07/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
CENTRAL NIPPON EXPRESSWAY COMPANY LIMITED (the "Issuer") has selected and appointed Sumitomo Mitsui Banking Corporation as the Issuer's Designee relating to Central Nippon Expressway Company Limited
Series 22 U.S.$100,000,000 Floating Rate Notes due 2024.
.
The Issuer's Designee has determined as follows:
1. Benchmark Transition Event has occurred on 3 July 2023, and the Benchmark Replacement Date is 3 July 2023.
2. Benchmark Replacement is the sum of Term SOFR and the Benchmark Replacement Adjustment.
3. Benchmark Replacement Adjustment is 0.26161 per cent. per annum.
4. Reference Time (and therefore Relevant Time), as determined in accordance with the Benchmark Replacement Conforming Changes, is 6:00 a.m. (New York City time) on the second SIFMA Business Day prior to the start of each Interest Period. "SIFMA Business Day" means a day that is not (i) a Saturday, (ii) a Sunday, or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

Attachments

Notice to Noteholders of Benchmark Replacement Event.pdf
Total size =136K